China non-manufacturing sector's growth rises

The Purchasing Managers Index (PMI) of China's non-manufacturing sector, a key economic indicator, rose 0.7 percentage points to 56.3 percent in August, new survey results have indicated.

The figure rebounded after a fall in July as growth in the non-manufacturing sector stabilized, according to data released by the China Federation of Logistics and Purchasing (CFLP) on Monday.

A PMI reading above 50 percent indicates expansion from the previous month, while readings below this mark indicate contraction.